On Tue, 2002-08-13 at 14:33, Hewitt Tech wrote:

[snip]

> This probably doesn't matter when a disruptive
> technology is in progress but it seems to me that the real assets of most
> high tech  companies are there employees.

[snip]

  Absolutely!  I have often said that the absolute most valuable asset
any company has (particularly in tech companies) is an asset it doesn't
own -- its people.  Of course, that's why in this field we're all
coerced into signing employee agreements that give up rights to our own
grey matter.  The big time investors (not all of them, just those who
are clueless about technology) spurred on by their lawyers have to have
*some* way of extracting value from the people that actual *build* the
companies in question so that they can be expendable.
  In reality, ideas have little value without A-player teams to make
them work.  Any VC or private large sum investor who doesn't understand
this, deserves any big losses he incurs as a result.  Read some of
startup.com's principles (if they're still around ;-)).  Startup.com
won't sign NDA's.  Why?  Too many ideas are too similar, no matter how
unique those who have them think they are.  How do you keep all those
ideas separated in your head?  You can't, really.  Startup.com basically
believes that it's the *team* that makes a great company and is what is
needed to make an idea work.  Though startup.com and companies like it
may not be all that 'hot' today, we'd all be better off if at least that
idea caught on a little more in this society.

-- 
-Paul Iadonisi
 Senior System Administrator
 Red Hat Certified Engineer / Local Linux Lobbyist
 Ever see a penguin fly?  --  Try Linux.
 GPL all the way: Sell services, don't lease secrets

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